FX ENGINEERING AS

9334 ØVERBYGD

Finances

Share Ownership

Return on Equity

85,77 %

Current Ratio

3,68

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 476 000	383 000	170 000	416 000
Net Income	844 000	101 000	−33 000	41 000
Total Assets	1 282 000	252 000	175 000	239 000
Total Equity	984 000	139 000	38 000	71 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 476 000	383 000	170 000	416 000
Expenditure	385 000	249 000	208 000	352 000
Operating Profit	1 091 000	133 000	−37 000	64 000
Financial Income	0	0	0	1 000
Financial Costs	4 000	2 000	6 000	14 000
Financial Balance	−4 000	−2 000	−6 000	−13 000
Earnings Before Tax	1 086 000	131 000	−43 000	52 000
Tax	242 000	29 000	−10 000	11 000
Net Income	844 000	101 000	−33 000	41 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	183 000	179 000	138 000	184 000
Total Current Assets	1 099 000	73 000	37 000	56 000
Total Assets	1 282 000	252 000	175 000	239 000
Total Retained Equity	954 000	109 000	8 000	41 000
Total Equity	984 000	139 000	38 000	71 000
Total Long-Term Debt	0	9 000	44 000	72 000
Total Current Debt	299 000	105 000	94 000	97 000
Total Equity and Debt	1 282 000	252 000	175 000	239 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 476 000	360 000	170 000	416 000
Other Income	0	23 000	0	0
Revenue	1 476 000	383 000	170 000	416 000
Cost of Goods Sold	45 000	20 000	44 000	21 000
Salary Costs	1 000	2 000	0	70 000
Depreciation	78 000	54 000	46 000	46 000
Impairment	0	0	0	0
Expenditure	385 000	249 000	208 000	352 000
Operating Profit	1 091 000	133 000	−37 000	64 000
Financial Income	0	0	0	1 000
Financial Costs	4 000	2 000	6 000	14 000
Financial Balance	−4 000	−2 000	−6 000	−13 000
Dividends	0	0	0	0
Net Income	844 000	101 000	−33 000	41 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	58 000	79 000	25 000	32 000
Fixtures	125 000	100 000	113 000	151 000
Total Tangible Assets	183 000	179 000	138 000	184 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	183 000	179 000	138 000	184 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	251 000	62 000	29 000	56 000
Total Current Assets	1 099 000	73 000	37 000	56 000
Total Assets	1 282 000	252 000	175 000	239 000
Total Equity	984 000	139 000	38 000	71 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	9 000	44 000	72 000
Creditors	2 000	19 000	2 000	4 000
Unpaid Taxes	0	5 000	3 000	1 000
Dividends	0	0	0	0
Other Current Debt	52 000	53 000	89 000	83 000
Total Current Debt	299 000	105 000	94 000	97 000
Total Equity and Debt	1 282 000	252 000	175 000	239 000

Financial indicators	2022	2021	2020	2019
Return on Equity	85,77 %	72,66 %	−86,84 %	57,75 %
Debt-to-Equity Ratio	0	0,06	1,16	1,01
Operating Profit Margin	73,92 %	34,73 %	−21,76 %	15,38 %
Current Ratio	3,68	0,7	0,39	0,58
Quick Ratio	3,68	0,7	0,39	0,58
Equity Ratio	0,77	0,55	0,22	0,3
Gross Profit Margin	96,95 %	94,78 %	74,12 %	94,95 %